Consumer Discretionary

lululemon athletica (NASDAQ:LULU) expects revenue will be in the range of $2.660 billion to $2.700 billion in Q4 2022

/ / Consumer Discretionary /

January 9, 2023 – lululemon athletica inc. (NASDAQ:LULU) today announced that, for the fourth quarter of fiscal 2022, the Company now expects that net revenue will be in the range of $2.660 billion to $2.700 billion, representing a 25%-27% increase compared to the fourth quarter of fiscal 2021. The previous guidance range was $2.605 billion to $2.655 billion. Diluted earnings per share are now expected to be in the range of $4.22 to $4.27 for the fourth quarter of fiscal 2022 compared to the Company’s previous guidance range of $4.20 to $4.30. The Company also said it now expects gross margin for the fourth quarter of fiscal 2022 to decline 90-110 basis points compared to its previous expectation for an increase of 10-20 basis points. However, the Company now expects that it will further leverage selling, general and administrative expenses 100-120 basis points compared to its previous expectation of 30-50 basis […]

lululemon athletica (NASDAQ:LULU) expects revenue will be in the range of $2.660 billion to $2.700 billion in Q4 2022 Read Post »

Target (NYSE:TGT)Stock price trend forecast and trading range -2023.1.6

/ / Consumer Discretionary /

Target (NYSE:TGT) Stock price trend forecast and trading range: Updated to: 2023.1.6 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: rebound Sell high and buy low of range : $140 – $165 Support: $140 resistance: $165 Stop Loss Price: $154 price target: $165 Buy the position again: stop fall and rise to $154 Medium-term trend: range fluctuations High sell low buy range: $140 – $180 Support: $140 resistance: $180 Stop Loss price: $152 price target: $180 Buy the position again: stop fall and rise to $152 Long-term trend: down High sell low buy of range: $140 – $180 Support : $140 resistance: $180 Stop Loss price: $150 price target : $180 Buy the position again: stop fall and rise to $150 From Analysis from financial statements: Q3 2022 achieved revenue of $26.12

Target (NYSE:TGT)Stock price trend forecast and trading range -2023.1.6 Read Post »

Rivian (NASDAQ:RIVN) produced 10,020 vehicles in the fourth quarter and delivered 8,054 vehicles

/ / Consumer Discretionary /

Electric car maker Rivian Automotive (NASDAQ:RIVN) said in a filing late Tuesday that the company had failed to meet its full-year production target of 25,000 units in 2022. Rivian said that after cutting its original production forecast of 50,000 vehicles in half in mid-2022, the company’s current only plant, the Normal, Illinois, plant produced 24,337 vehicles and delivered 20,332 vehicles in 2022. In the fourth quarter, the company produced 10,020 vehicles and delivered 8,054 vehicles.

Rivian (NASDAQ:RIVN) produced 10,020 vehicles in the fourth quarter and delivered 8,054 vehicles Read Post »

Cowen Adjusts Price Target on Starbucks(NASDAQ:SBUX) to $112 From $104

/ / Consumer Discretionary / ,

Cowen Adjusts Price Target on Starbucks (NASDAQ:SBUX) to $112 From $104, Maintains Outperform Rating. Analyst Andrew Charles expects the news that 100% of the company-owned business restarts operations in China will have a greater impact on the P/E ratio, even if the progress is non-linear. At the same time, Starbucks has many positives for the year ahead. “We believe Starbucks is pursuing the right structural drivers, including popular iced and plant-based beverages, offering customers payment options other than Starbucks gift cards, allowing them to join my Starbucks Rewards loyalty program, and making digital ordering smoother.” Charles predicts that Starbucks’ earnings per share will grow 20 percent between 2023 and 2025 with the help of China’s economic recovery, which is the upper end of the guidance range Starbucks shared at the 2022 investor day.

Cowen Adjusts Price Target on Starbucks(NASDAQ:SBUX) to $112 From $104 Read Post »

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